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Biotech / Medical : Ionis Pharmaceuticals (IONS)
IONS 81.79-3.0%Feb 12 3:59 PM EST

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To: Rob J who wrote (1804)3/17/1998 8:23:00 AM
From: sds  Read Replies (1) of 4676
 
Why? It's called full disclosure.

Isis has to tell the FDA about it, and if an investor did a FOIA (Freedom of Info. Act) search of Isis filings with the FDA, they would eventually find that. Then, everyone would be asking why Isis "covered it up".

I like companies that admit to all of their problems and generally keep the good news to themselves -- those are the stocks that are ultimately big winners.

This is a minor issue (hell, he wasn't even an Isis researcher), but Isis acted responsibly in issuing the press release. Imagine what an Isis short could have done with this one....

sds
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